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Grupo Mexico regrets Citi's decision to reject its bid for Banamex

ReutersOct 10, 2025 1:44 PM

- Mexican mining and transport conglomerate Grupo Mexico said on Friday it regretted Citi's decision to reject its bid for its retail unit in the country, known as Banamex.

Grupo Mexico added in a statement that its bid complied with regulatory authority requirements and Citi's objective of divesting 100% of Banamex.

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